The one liner of the week is a recap of the important happenings that occurred Weekly Current Affairs One Liners (29 Feb - 04 March) 2018: Download Now

The important happenings of the week covered in this segment include the appointment of High-Level Committee for Central Assistance, World’s Largest Solar Park, and India & 07th meeting of Eminent Persons Group in Nepal among others. Ace wrestler, Navjot Kaur gold medal in the 65kg freestyle wrestling category of Senior Asian Championship and Death of Sri Devi.

BANKING & ECONOMY

The Reserve Bank of India (RBI) raised exposure limit under exchange
traded currency derivatives (ETCD)
trading for residents and foreign portfolio investors (FPIs) to $100 million across all currency
pairs involving Indian rupee.

The Asian Infrastructure Investment Bank (AIIB), based in China, approved $1.5 billion in loans to India
for infrastructure-related projects in 2018.

The Financial Intelligence Unit (FIU) under Finance Ministry
categorised around 9,491 non-bankingfinancial companies (NBFC) as high risk prone financial institutions as
they have not complied withstipulated
provision of Prevention of Money Laundering Act (PMLA).

National
Institute of Fashion Technology (NIFT) under Ministry of Textiles is
going to conduct National Sizing Survey dubbed
as ‘Size India’ to develop
comprehensive size chart for ready-to-wear industry basedon body measurements of Indian population.

Arunachal
Express,
a new train between Naharlagun in
Arunachal Pradesh and Anand Vihar Terminal in the national capital has been
flagged off.

According to recent survey, only 13% of tiger conservation areas
that are part of Conservation Assured | Tiger Standards (CA|TS) Partnership meet global standards.

India will provide $5 mn dollar assistance to Jordan in
the form of vaccines and medicines in
2018.

The Union Minister of Drinking Water
and Sanitation, Uma Bharti launched
the 2nd project of SwajalYojana at village Bhikampura, Karauli, Rajasthan with a budget of more than Rs 54.17 lakh.

The Union Commerce and Industry
ministry appointed four institutes to
interact with stakeholders andsuggest
measures to push India’s ranking in World Bank’s Ease of Doing Business Index.

The Union Govt will roll out Galvanizing Organic Bio-Agro Resources Dhan
(GOBAR-DHAN)scheme, which was
first announced by Finance Minister Arun Jaitley during his 2018-19 budget
speech.

The Ministry of Shipping under Union
Govt laid foundation stone for setting
up of a NationalTechnology Centre
for Ports, Waterways and Coasts (NTCPWC) at IIT Chennai to give
technologicalsupport to ports and
maritime sector.

The Union Ministry of Health and
Family Welfare launched ‘Viral Load
testing’ for all People Livingwith
HIV/AIDS (PLHIV).

The high-level committee for Central Assistance, under the chairmanship
of Union Home Minister Rajnath Singh,
approved financial assistance of Rs 6000
crore for nine states which suffered by naturalcalamities.

Rs 1,711.66 crore for Bihar (affected by floods)

Rs 1,055.05 crore for Gujarat (affected by floods)

Rs 420.57 crore for Rajasthan (affected by floods)

Rs 420.69 crore for Uttar Pradesh (affected by floods)

Rs 838.85 crore for West Bengal (affected by floods)

Rs 169.63 crore for Kerala (affected by cyclone Ockhi)

Rs 133.05 crore for Tamil Nadu (affected by cyclone Ockhi and North East Monsoon)

Rs 395.91 crore for Chhattisgarh (affected by kharif drought)

Rs 836.09 crore for the state of Madhya Pradesh (affected by kharif
drought)

SRIJAN (Station
Rejuvenation through Joint ActioN), an idea competition for development of 635 railway stations has
been launched on MyGov portal by Indian Railway Stations Development
CorporationLimited (IRSDC).

Prime Minister Narendra Modi flagged off the 'Run
for New India' marathon in Surat, Gujarat with a mission to build a New
India.

The Defence Acquisition Council (DAC), chaired by Defence Minister Nirmala Sitharaman, approved various procurement proposals for three services
estimated at about Rs. 9,435 crore.

The Indigenously developed Anti-Tank Guided Missiles (ATGM) Nag
successfully test-fired in desert conditions against two tank targets at
different ranges and timings.

The
Western Naval
Command carried out
three-week long tri-Services maritime
exercise termed

‘Paschim Leher
(XPL – 2018)’ in
the Arabian Sea with an aim of
building inter- operability.

The eighth edition of Lamitye 2018 bilateral military exercise between Indian Army and SeychellesPeople’s Defence Force held at Mahe
Island in Seychelles archipelago with
an aim to fight insurgency,terrorism
and piracy threats.

The Defence Research and Development
Organisation (DRDO) carried out first
successful test-flight of unmanned aerial vehicle (UAV) Rustom-2 in user configuration with
higher power engine.

The Indian Navy will be hosting 16
countries for multi-national 2018 MILAN exercise at Port Blair in Andaman
and Nicobar (A&N) islands from March 6 to 13, 2018.

According to new study based on data
from India’s Chandrayaan-1 mission and
NASA’s LunarReconnaissance Orbiter (LRO), Moon’s water may be widely distributed
across its surface and notconfined
to particular region or type of terrain

APPROVALS & MOUS

The Central Board of Direct Taxes (CBDT) crossed an important milestone
of having signed 200Advance Pricing Agreements (APAs).

The Union Cabinet approved establishment of National
Financial Reporting Authority (NFRA) as an independent regulator for the
auditing profession.

The Union Cabinet approved introduction of Fugitive Economic Offenders
Bill, 2018 in Parliament, which aims to curb practice of evading criminal
prosecution by economic offenders (wilful defaulters) who flee from country to
evade clutches Indian law by remaining outside jurisdiction of Indian courts.

India,
Bangladesh and Russia signed
tripartite memorandum of understanding (MoU) for cooperation in construction of Rooppur nuclear power plant near Dhaka,
Bangladesh.

India and
Jordan inked 12 agreements after the high level
talks between Prime Minister Narendra
Modi and Jordanian King Abdullah II
bin Al-Hussein in New Delhi.

The All India Radio (AIR) and National Book Trust (NBT) has recently signed an MoU to preserveand promote cultural heritage and folk
songs sung on various occasion across the country.

Union Cabinet approved the proposal of Ministry of Commerce and Industry to give
focused attention to 12 identified
Champion Services Sectors (CSS) for promoting their development and
realizing theirpotential.

The Cabinet
Committee on Economic Affairs (CCEA) approved
proposal to double guarantee to Rs.19,000
crore from earlier Rs 9,500 crore to
National Agricultural Cooperative Marketing Federation of India (NAFED) for
obtaining credit from banks for procurement of pulses and oilseeds at the
support price.

The Union Cabinet approved signing and ratifying Agreement between
India and Jordan on Cooperation and
Mutual Administrative Assistance in Customs Matters.

The Union Cabinet approved signing of
an MoU between India and Jordan on cooperation
in the field ofHealth & Medical
Science.

The Union Cabinet approved signing of
an MoU between India and Jordan for mining and beneficiationof Rock Phosphate and Muriate of Phosphate (MOP).

The Union Cabinet approved the Trafficking of Persons
(Prevention, Protection and Rehabilitation)Bill, 2018 for introduction in the Parliament.

The Council of Scientific &
Industrial Research (CSIR) signed an
MoU with the Regional Center for
Science and Technology Transfer (RCSTT)
of Indian Ocean Rim Association (IORA) for
designatingCentral Institute of
Medicinal and Aromatic Plants, Lucknow (CSIR-CIMAP) as Coordinating Centeron Medicinal Plants.

The legendary actor-politician, Shatrughan Sinha has been honoured with a lifetime achievement
award for his contribution to the fields of arts and politics at a ceremony in the UK’s Parliament complex.

The director of Marathi film ‘Redu’ (Radio), Sagar Chaya Vanchar bagged the prestigious
AravindanPuraskaram for the
best debutant director of 2017.

SPORTS

Ace wrestler, Navjot Kaur has become the first
Indian woman wrestler to win gold medal in the 65kgfreestyle wrestling category of
Senior Asian Championship held in
Bishkek, Kyrgyzstan.

The Indian Snooker team lifted the first edition of IBSF Snooker Team World
Cup title.